When choosing a property management company in Dubai, the following aspects should be considered:
- Reputation and client reviews Experience in the market and possession of relevant licenses
- Transparency of contract terms and financial reporting
- Quality of service and tenant support If your previous experience with Holiday Homes was negative, pay attention to reviews, experience, and transparency of terms in a new company, such as Shellgrow.
Shellgrow offers a full range of property management services, including:
- Scoring - calculating property profitability before purchase and providing investment recommendations - Interior design solutions and furnishing of apartments
- Property marketing and advertising
- Managing bookings and calendars
- Financial reporting
- Conducting inspections and maintaining property conditions
- Interaction with tenants, resolving issues, and problem-solving
- Concierge services
- Property insurance
- Inheritance matters and will preparation
Property management companies in Dubai charge a fee for their services, usually in the form of a commission, which typically amounts to 20% of income for short-term rentals.
Mid-term rental – the flagship product of Shellgrow – offers a reduced management fee of up to 15%, and when combined with short-term rental, it provides the highest return on investment in the market.
Mid-term rental refers to the leasing of a property for a period ranging 3, 6, 9 and 12 months. It serves as an intermediate option between short-term rental (up to 1 month) and long-term rental (from 1 year). Mid-term rental combines the advantages of both types and helps property owners avoid the risks associated with long-term Ejari contracts and short-term daily rentals.